Why not pick 5 legit horses, tossing the favorite, and box them in an exacta? For a dollar its twenty, and bump it up a couple notches. An example of what could have been is very evident in the 2005 edition as I used Giacomo in my five horse box.
Then, spread your cash in some other "hedge" bets.
You could spend a lot less and make a lot more or lose a lot less no matter the outcome.
Not a fan of the all button ever, take a stand.
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